A Strategic Approach to Evaluating and Driving Your Business Forward
1 hour Audio and Power Point Presentation
Recorded April 18, 2016
Discover how to assess your practice's strengths and weaknesses on a holistic basis to improve center performance overall. Key concepts are provided for determining an end goal for your practice; developing a long-term strategic plan underpinned by strong operational discipline; building a financial model, allowing you to make better informed business decisions that manage risk long term; and learning the key drivers of culture that allow you to build a positive business culture, helping drive business success. Participants also learn how to assess a capital structure and creditor situation, and engage stakeholders regarding your strategic plan.
•Identify an end goal for the practice
•Identify the importance of creating a written strategy with steps to do so underpinned with strong operational discipline
•Recognize the need for a financial forecast and how to develop one for use in business decisions to help mitigate risk
•Identify the drivers of culture and a strong, efficient culture drives business success
•Evaluate your capital structure and engage stakeholders (creditors, bankers and investors etc.) regarding their strategic plan
Faculty Bio: Luke Hart
Luke is Co-Founder of Hart Business Consulting, a practice that advises small to mid-size businesses. Luke works with a variety of medical practices on matters including operational reviews, specific operational or financial issues, business culture and leadership problems, turn-around and creditor situations and preparing companies for sale. Previously Luke was CEO of Advantage Urgent Care, a leading urgent care provider in Arizona. Facing bankruptcy, AUC engaged Luke in 2012 to turn around the business and negotiate/execute a sale, which was successfully achieved in 2014.
The Urgent Care Association of America designates this enduring material activity for a maximum of 1 AMA PRA Category 1 Credit(s)TM. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
This activity has been planned and implemented in accordance with the Essential Areas and Policies of the Accreditation Council for Continuing Medical Education. Credit for this course is good for 1 year after purchase.
Urgent Care Management Certificate
Earn 1 UCMC credit in Operations by listening to this recorded session.
Submitting for Credit:
If you would like to submit for either of the credit above, once you complete the activity you must submit for credit you will need to complete the 5 question exam. You must answer 3 out of 5 correctly to receive credit. Your credit will be placed in your profile under Professional Development or click on "My Credits". Email firstname.lastname@example.org with questions.
For the best viewing experience, please use IE 8 or above, the newest versions of Google Chrome, Firefox, or Safari. These programs are compatible with mobile devices and tablets. Use this link to test your system or view additional requirements: http://ucaoa.peachnewmedia.com/SystemCheck/